Assessment of the governmental Bill on Amending the Act – the Commercial Companies Code and Certain other Acts Cover Image

Ocena rządowego projektu ustawy o zmianie ustawy – Kodeks spółek handlowych oraz niektórych innych ustaw
Assessment of the governmental Bill on Amending the Act – the Commercial Companies Code and Certain other Acts

Author(s): Piotr Pinior
Subject(s): Law, Constitution, Jurisprudence
Published by: Kancelaria Sejmu
Keywords: Commercial Companies Code; bill; entrepreneurship;

Summary/Abstract: The possibility of choosing a management system for a simple joint stock company, between a dualistic system of company bodies and a monistic one should be assessed positively. Another feature of a simple joint-stock company is the lack of fixed share capital, which is replaced by variable share capital without a defined minimum value, and the possibility to subscribe for shares in exchange for contributions in the form of the provision of work or services. In this respect, the bill does not meet the requirements of minimum creditor protection. Introduction of many new solutions for a simple joint-stock company will cause interpretative doubts regarding the functioning of a limited liability company or a joint-stock company.

  • Issue Year: 2019
  • Issue No: 3
  • Page Range: 106-123
  • Page Count: 18
  • Language: Polish
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